Corn futures (ZCZ25) bulls did not have their finest hour last week. However, by the end of the week they were able to stop the bleeding and stabilize prices. Still, with technical charts leaning overall bearish and Corn Belt weather remaining price-bearish, corn bulls have their work cut out for them regarding starting a sustainable price uptrend. U.S. Corn Belt weather forecasts on Friday said corn crop weather at present is not very threatening, although there will be some net drying in the region in the coming days, especially in the southwest part of the regions.
